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Photo courtesy of JCN

Job Creators Network, a conservative outside group that works with small business owners and leaders, held a rally in D.C. today as part of their multi-million dollar tax campaign. The organization hosted this bus tour and rally to advocate for "the immediate need for tax cuts" for small businesses, said JCN President Alfredo Ortiz.

Axios caught up with Ortiz and two small business owners under the JCN coalition yesterday to learn more about what they want from the administration's tax plan:

  • The most surprising thing for Ortiz is why tax cuts for small businesses hasn't been a main conversation before now.
  • A 15% corporate tax rate is the goal, but as administration officials like Gary Cohn say it's mathematically impossible, Ortiz says anything is better than the current rate and small business owners hope the admin will bring it down as low as possible.
  • Small business owners want tax cuts, and they're OK with tax reform not happening this year. "Tax cuts are the way to go" because they would allow small business owners to start planning for 2018, Ortiz says.
  • They're optimistic about Trump's ability to deliver on tax cuts by the end of the year. Dina Rubio, who runs a Cuban restaurant in Florida, said she's already planning to hire 6 to 8 more employees, and has mapped out where to install new high-top tables in her restaurant.
  • "Somebody is thinking about us," Rubio said of Job Creators Network and their push to raise awareness about small business tax cuts. Joseph Semprevivo, who owns a cookie shop in Florida and New Mexico, said Trump, "who has signed the front of checks and employed tens of thousands of people gets what a tax cut means for businesses."
  • They want Congress to give Trump a tax cut plan by Thanksgiving. If not then, Ortiz says by the end of the calendar year.

Reality check: So far, the administration's tax reform plan has lacked crucial details that would suggest a complete reform of the tax code is happening. Instead, talking points from the administration to small business leaders and others on Capitol Hill suggest they are planning to focus on tax cuts: they frame cuts and fairness, highlighting a reduced tax for the middle class and arguing for "corporate tax cuts as fairness for small businesses to level the playing field for American workers."

Go deeper

"Atmospheric river" swings Northern California from drought to flood

Satellite view of the bomb cyclone swirling off the coast of the Pacific Northwest and the atmospheric river affecting California on Oct. 24. Photo: CIRA/RAMMB

A series of powerful "atmospheric river" storms are delivering historic amounts of rainfall across parts of drought-stricken California and the Pacific Northwest.

Why it matters: The atmospheric river, packing large amounts of moisture, was causing Northern California to whiplash from drought to flood, as it slowly moved south overnight. It's triggered widespread power outages, flooding and mudslides.

Updated 1 hour ago - World

U.S. threatens to cut aid to Sudan after military takeover

Sudanese Prime Minister Abdallah Hamdok during a 2020 news conference in Khartoum, Sudan. Photo: Mahmoud Hjaj/Anadolu Agency via Getty Images

Sudan's civilian Prime Minister Abdalla Hamdok was put under house arrest and several other ministers were detained Monday in what appears to be a military coup in the country, per local reports.

The latest: The head of the military faction of the Sudanese government, Gen. Abdul Fattah al-Burhan, said in a statement that he is announcing a state of emergency, suspending several parts of the interim constitution and dissolving the civilian government and interim sovereignty council — the highest governing body in the country.

Facebook's pivotal week

Illustration: Aïda Amer/Axios

They're battening down the hatches at Facebook headquarters this week as the company faces a trifecta of tumult: a continuing wave of negative press coverage fueled by document leaks, a critical earnings report Monday and a reported name change looming.

The big picture: All this is unfolding as Mark Zuckerberg tries to transform Facebook from a social network into the prime mover behind a new "metaverse" of VR- and AR-driven remote work and play.